The liquid applied membrane market is anticipated to reach USD XXX.X million by 2034 from USD XXX.X million in 2023, at a CAGR of XX.X% during the forecast period. One kind of waterproofing material that is applied in liquid form and cures to produce a flexible membrane layer is called liquid applied membrane. This membrane is frequently used in building and infrastructure projects to protect surfaces—such as foundational structures, walls, and roofs—from seepage of water and the ensuing degradation. PMMA, polyurethane, acrylic, bituminous, and cementitious membranes are a few popular types of liquid applied membranes; each has advantages and disadvantages.
Furthermore, it is well recognized that liquid applied membranes work well with concrete, metal, wood, and insulating materials to provide long-lasting waterproofing. The growing need for waterproofing solutions in a variety of end-use sectors is driving considerable expansion in the liquid applied membrane market. Rapid urbanization, the expansion of infrastructure, and the expanding global construction industry are some of the drivers driving the market.
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Growth Drivers:
Residential, commercial, and public constructions are in high demand because to the increasing population density in urban regions. Infrastructure development and population growth have made building products like liquid applied membrane indispensable in the industry. The majority of governments worldwide have initiated extensive infrastructure projects, encompassing the building of bridges, tunnels, and highways, among other things. For these kinds of projects, high-quality waterproofing is essential to their endurance and durability.
The demand for liquid applied membranes is driven by consumer knowledge of the need of waterproofing and the advantages it provides, including protection against water damage and an increased building lifespan. In order to protect their properties from mold, mildew, and water incursions, buyers are spending more money on waterproofing goods, which contributes to market increase. Long-lasting waterproofing is usually required in the commercial and public infrastructure sectors due to the tangible nature of the assets. This is done to protect the assets and maintain business continuity, both of which support market demand.
Liquid Applied Membrane Segmentation:
By Type:
· Elastomeric Membranes
o Polyurethane Waterproofing Membranes
o Polymethyl Methacrylate (PMMA) Membranes
o Acrylic Membranes
· Bituminous Membranes
o Water-Based
o Solvent-Based
· Cementitious Membranes
o One-Component (1K)
o Two-Component (2K)
By Usage:
· New Construction
· Refurbishment
By Application:
· Walls
· Roofing
· Building Structures
· Roadways
· Others
By End-Use Industry:
· Residential Construction
· Commercial Construction
· Public Infrastructure
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa
Key Companies in Liquid Applied Membrane Market:
The research report offers a competitive analysis of prominent companies operating in the liquid applied membrane market. Some of the leading players profiled in the market research report include:
· Sika AG
· SOPREMA
· MAPEI S.p.A
· Fosroc, Inc.
· Saint-Gobain Weber
· H.B. Fuller Company
· Wacker Chemie AG
· Johns Manville
· Bostik
· GCP
· Ardex Endura
· Other Players
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